Total commits to four R&D institute projects
Total is partnering four of the R&D institute projects covered by the French government’s Investissements d’avenir (Investing in the Future) stimulus program. The projects are being implemented by public-private partnerships that combine academic and business resources in France to prepare the energy future. The projects cover the areas of photovoltaic solar energy, low-carbon geotechnology, biofuels and energy efficiency described below:
- In the area of photovoltaic solar energy, Total will be one of the leaders of the IPVF project to create an R&D institute in the Paris region that will be one of the top five in the world for next-generation photovoltaic solar systems.
- In the area of low-carbon geotechnology, the Geodenergies project is designed to unlock additional value from mineral resource development and management via carbon storage, energy storage and geothermal energy processes.
- In the area of biofuels, the GreenStars project aims to develop next-generation biofuels and products from microalgae.
- In the area of energy efficiency, the PS2E project aims to set up a research, training and development institute in Saclay, outside Paris, to address the energy efficiency challenges of industrial infrastructure in urban areas.
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22 March 2012